Franklin Wireless Corp. Announces Changes in Executive Leadership

San Diego, CA – January 3, 2025 – Franklin Wireless Corp. (OTCMKTS:FKWL) reported in a recent 8-K filing with the Securities and Exchange Commission on January 3, 2025, detailing key changes in its executive management team.

Bill Bauer, the acting Chief Financial Officer of the company, has tendered his resignation effective January 1, 2025. Bauer’s departure, as mentioned in the filing, was not due to any disagreements concerning the Company’s operations, policies, or practices. Despite stepping down from the CFO role, Bauer will retain his positions as General Counsel and Director of Strategic Planning, roles he has assumed since January 2020.

In light of Bauer’s resignation, the Board of Directors at Franklin Wireless Corp. has acted swiftly to fill the void by appointing Reid Granados as the Interim Chief Financial Officer of the Company, effective also from January 1, 2025.

Granados brings a wealth of experience to this role, having served as a senior financial executive for various private entities, particularly in the retail e-commerce sector. Before joining Franklin Wireless, he held positions such as Director of Finance at Ryvyl, a blockchain-based payments technology company in San Diego, and Chief Financial Officer at ChargeSavvy, a point-of-sale technology company outside Chicago. Granados boasts over two decades of experience in finance, executive management, and operations. He is a graduate of DePaul University in Chicago, holding a Juris Doctor and a Master’s in Business Administration.

Franklin Wireless Corp.’s decision to appoint Granados as the Interim Chief Financial Officer reflects the company’s commitment to ensuring a seamless transition in its financial leadership while leveraging Granados’ extensive expertise in the field.

For more information and updates, investors and stakeholders are encouraged to refer to the official filing on the Securities and Exchange Commission’s website or visit the company’s investor relations page.

This article was generated by an automated content engine and was reviewed by a human editor prior to publication. For additional information, read Franklin Wireless’s 8K filing here.

Franklin Wireless Company Profile

Franklin Wireless Corp. provides integrated wireless solutions. The company's products include 5G/4G wireless broadband products, such as wi-fi mobile hotspot, fixed wireless routers, and enterprise gateway CPE; and IoT tracking and connected devices, including smart IoT tracking device, connected car, and home phone connect.